108 Russel Street, Centre Hastings, ON K0K 2K0 (Hwy 62)

Price : $1,050,000.00 , MLS®# : X12952182

Description

This 3-storey building presents a rare opportunity for residential redevelopment with strong upside potential. Zoned Residential (R4-6H), the property has municipal approval to allow up to 9 residential units, with 3 units per floor, making it well suited for a full conversion project or long-term investment. Currently configured with 21 office spaces, the existing layout offers a flexible starting point for redesign. Each floor includes kitchen or kitchenette areas and washrooms, along with an existing elevator that supports accessibility across all levels. Whether you're looking to develop multi-unit housing or explore a condo conversion and sell units individually, this property offers a clear path forward in a growing housing market.

Location Description

Hwy 62

Property Details
  • Community: Centre Hastings
  • Property Type: Vacant/Residential Freehold
  • Bath: 4
  • Garages: None
  • Annual Property Taxes : $ 6050.61
Building Features
  • Foundation Type: Block
  • Counstruction Material : Brick
  • Total Parking Space : 9
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 103.78 sq.ft
  • Land Depth: 165.02sq.ft

Listing Contracted With: ROYAL LEPAGE PROALLIANCE REALTY